KUALA LUMPUR – Continued profit-taking amid political jitters and vaccine supply concerns saw Bursa Malaysia trading in negative territory throughout the day.
Investors continued to offload their holdings ahead of the weekend after the domestic market hit a record high yesterday.
At 5pm, the benchmark FTSE Bursa Malaysia KLCI declined 6.41 points to 1,621.85, dragged down mainly by the health sector, as well as finance, which turned lower at the close.
The index opened 0.35 of a point lower at 1,627.91 from yesterday’s close of 1,628.26.
It moved between 1,628.82 and 1,618.54 throughout the day.
On the broader market, losers outnumbered gainers 731 to 580, while 429 counters were unchanged, 393 untraded and 30 others suspended.
Volume climbed to 14.22 billion shares worth RM6.75 billion from 12.37 billion units worth RM6.17 billion yesterday. – Bernama, December 4, 2020
